Economic Crime and Corporate Transparency Act 2023

Property held by persons subject to confiscation orders: destruction, realisation etcU.K.

This section has no associated Explanatory Notes

17In section 69 (powers of court and receiver etc), after subsection (2) insert—

(2A)Subsection (2)(a) does not apply to—

(a)the power conferred on a court by paragraph (e) of section 51(2) (which enables the court to give a receiver the power to destroy cryptoassets),

(b)a power conferred on a receiver by virtue of that paragraph, or

(c)the power conferred on a magistrates’ court by section 67AA (power to order destruction of cryptoassets).

Commencement Information

I1Sch. 8 para. 17 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

I2Sch. 8 para. 9 in force at 26.4.2024 in so far as not already in force by S.I. 2024/269, reg. 4(a)

I3Sch. 8 para. 17 in force at 26.4.2024 in so far as not already in force by S.I. 2024/269, reg. 4(a)